Maersk Drilling estimates that about half the target can be achieved via further efficiency gains and known technical solutions and concepts, while the other half will be facilitated by investments in innovation in this space.
The company has confirmed that it has been in discussions with a number of third parties, including Chrysaor, regarding alternative forms of transactions to secure the long-term refinancing of the Group’s debt facilities.
Acoustic Data has been contracted to deploy its SonicGauge Wireless Monitoring System in a gas field project in North Africa.
Revised guidelines for production permit applications will be published in early October.
Effective 12 October 2020, Girish K. Saligram will be the company’s President and CEO.
AWE Perth Pty Ltd, under the Mitsui E&P Australia brand, proposes to construct and operate a conventional gas facility about 16 km south-east of the Dongara-Port Denison town sites.
Noble Drilling Norway AS has been awarded a contract by Equinor for drilling three wells at the Valemon field.
The joint initiative will provide global access to Schlumberger’s exploration and production (E&P) cloud-based environment and cognitive applications by leveraging IBM’s hybrid cloud technology, built on the Red Hat OpenShift container platform.
Analysis of the wells drilled at Martin Linge before the company took over concluded that several of the wells do not have the necessary barriers.
The company has acquired a working interest in the North Kairouan permit and the Sidi El Kilani concession, which contains the Sidi El Kilani oilfield.
The companies' 'Find Fix Confirm' service will aim to mitigate the costly consequences of sand control failure in wells.
The deal will see the Blackford Dolphin rig utilised in Mexico for the duration of the work, which is expected to last around 15 months.
Valaris has reached an agreement with approximately 50% of its noteholders on a prearranged plan that would reduce debt by more than US$6.5 billion.
In direct continuation of its previously announced work scope, the Maersk Integrator rig will move to the Ula field offshore Norway in April 2021 to drill the Ula F – Producer 1 well.
In the six months to 30 June, ERIELL drilled 638 911 m and built 175 wells, including 103 wells drilled in Russia.